Residence Permit in Latvia - Nika Business Consulting - Your reliable provider of corporate services

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Residence Permit in Latvia

Experts of our Company, “Nika Business Consulting”, provide services for obtaining a residence permit in Latvia on various grounds.

The most popular reasons for obtaining a residence permit in Latvia:

RESIDENCE PERMIT BY INVESTMENT IN THE SHARE CAPITAL OF THE COMPANY

Conditions:

  • The amount of investment in the share capital of the company must be at least 50 000 EUR, 10 000 EUR have to be paid in the state budget once
  • Residence permit can also be obtained by family members of the investor (spouse and their minor children)
  • Company must be engaged in commercial activities for a year and pay taxes for a total amount of at least 40,000 euros, otherwise in a year the resident permit will not be renewed based on this matter
  • Residence permit is issued for 5 years with the annual renewal.

Our Company, “Nika Business Consulting”, will provide the following services:

  • Preparation of documents and company registration in the Register of Enterprises of the Republic of Latvia
  • Bank account opening for company and a personal account for the investor
  • Preparation of documents for obtaining residence permit in Latvia
  • Consultations and full legal support
  • Company bookkeeping services.

RESIDENCE PERMIT FOR THE MEMBER OF THE BOARD

Conditions:

  • Member of the Board is accepted in the position with a salary of at least 2008.00 euros
  • Monthly salary tax of the Member of the Board has to be at least 1360.00 euros
  • Residence permits can be obtained by family members – spouse and their minor children
  • Company must be registered for at least 1 year and have fixed share capital of at least 2 800 euros
  • The company is required to pay a minimum of 21 350 EUR as annual taxes every year otherwise in a year the residence permit on this basis will not be extended.

Our Company, “Nika Business Consulting”, will provide the following services:

  • Preparation of documents and re-registration of a company in the Register of Enterprises of the Republic of Latvia
  • Preparation of documents for changes in the company structure when buying
  • Bank account opening for the company and a personal account for the member of the board
  • Preparation of documents for obtaining residence permit in Latvia
  • Consultations and full legal support
  • Company bookkeeping services.

RESIDENCE PERMIT BASED ON EMPLOYMENT IN LATVIAN COMPANY

Conditions:

  • Within one month a vacancy must be published in the State Employment Agency
  • After publication of the vacancy for one month, you can accept a foreign worker with a salary at least 1004, 00 euros per month
  • Monthly payable taxes on employee salaries
  • Residence permit can be obtained by an employee and his family members – spouse and their minor children
  • Residence permit is issued for 5 years with the annual renewal.

Our Company, “Nika Business Consulting”, will provide the following services:

  • Vacancy publication in the State Employment Agency
  • Preparation of documents for an employee of the company to obtain residence permit in Latvia
  • Employer’s work call (call from the company)
  • Accompanying the employee upon arrival in Latvia to the migration department.

If necessary, we will prepare a license to hire personnel. We arrange invitations for employees by working with employers. Discounts for a group of employees.

If necessary, we initially prepare documents for obtaining a visa C or D type.

RESIDENCE PERMIT BY INVESTMENT IN REAL ESTATE

Conditions:

  • Foreign person needs to purchase one or 2 real estate property from an individual or legal seller in Latvia for an amount not less than 250,000 euros and the cadastral value – not less than 80 000 EUR
  • Residence permit can be obtained by the buyer of the real estate and his family members – spouse and their minor children.

Our Company, “Nika Business Consulting”, will provide the following services:

  • Selection of real estate property according to the criteria of obtaining residence permit
  • Bank account opening to complete a purchase / sale transaction
  • Registration of real estate in the Land Registry on the name of the new owner
  • Document preparation for obtaining a residence permit in Latvia
  • Consultations and full legal support.

Large selection of real estate property, contracts with property developers and real estate agencies.

RESIDENCE PERMIT BASED ON FAMILY REUNION

Can obtain:

  • Relatives to the third degree in a straight line or along the sideline of a citizen, non-citizen or a foreigner with a permanent residence permit in Latvia
  • Adult child of a citizen of Latvia
  • Parents of the citizen or non-citizen of Latvia
  • Spouse and minor child of a citizen, non-citizen of Latvia or a foreigner with a permanent residence permit.

ADVANTAGES OF OBTAINING RESIDENCE PERMIT IN LATVIA

  1. Accommodation in Latvia without time restriction and free crossing of the Schengen area countries’ borders
  2. Social guarantees – medical services, childbirth allowances, etc
  3. Absence of a language barrier: Russian language is widely spoken in Latvia in everyday life, business environment and institutions
  4. Your children will be able to receive education in Latvia or in Europe by taking advantage of a number of benefits
  5. Possibility to apply for permanent residence in Latvia after 5 years, and the possibility of obtaining Latvian citizenship after 10 years

 

Our qualified expert will advise you on the issues of obtaining residence permit in Latvia and will help you with arrangement of all the necessary documents as soon as possible!

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